Meeting papers

Noosa Shire Council
2023/24 Budget Statements                                                                                                                        STATEMENT OF CHANGES IN EQUITY
For the period ending 30 June
                                            Current        Original
                                                                           BR1
Annual Result                               Budget         Budget                                                                                Forecast
                                             2023           2024           2024          2025          2026          2027          2028            2029          2030          2031          2032          2033
Statement of Changes in Equity               $,000          $,000          $,000         $,000         $,000         $,000         $,000          $,000          $,000         $,000         $,000         $,000

Asset revaluation reserve

  Opening balance                       $    321,754   $    343,707    $   343,707   $   366,747   $   390,576   $   415,717   $   442,280   $     469,623   $   497,640   $   526,307   $   555,574   $   585,523
  Change in asset revaluation surplus   $     21,953   $      23,040   $    22,933   $    23,762   $    25,074   $    26,498   $    27,277   $      27,953   $    28,604   $    29,204   $    29,886   $    30,547
  Closing balance                       $    343,707   $    366,747    $   366,639   $   390,509   $   415,650   $   442,215   $   469,558   $     497,575   $   526,244   $   555,511   $   585,460   $   616,070

Retained surplus

  Opening balance                       $ 1,028,054    $ 1,063,249     $ 1,063,249   $ 1,074,082   $ 1,101,051   $ 1,147,347   $ 1,158,478   $ 1,163,866     $ 1,168,914   $ 1,174,309   $ 1,180,663   $ 1,185,466
  Net result                            $     35,195   $      11,714   $    10,833   $    26,969   $    46,296   $    11,131   $     5,388   $       5,048   $     5,396   $     6,353   $     4,803   $     4,828
  Closing balance                       $ 1,063,249    $ 1,074,964     $ 1,074,082   $ 1,101,051   $ 1,147,347   $ 1,158,478   $ 1,163,866   $ 1,168,914     $ 1,174,309   $ 1,180,663   $ 1,185,466   $ 1,190,294

Total

  Opening balance                       $ 1,349,808    $ 1,406,956     $ 1,406,956   $ 1,440,722   $ 1,491,453   $ 1,562,823   $ 1,600,451   $ 1,633,117     $ 1,666,117   $ 1,700,117   $ 1,735,674   $ 1,770,364
  Net result                            $     35,195   $      11,714   $    10,833   $    26,969   $    46,296   $    11,131   $     5,388   $       5,048   $     5,396   $     6,353   $     4,803   $     4,828
  Change in asset revaluation surplus   $     21,953   $      23,040   $    22,933   $    23,762   $    25,074   $    26,498   $    27,277   $      27,953   $    28,604   $    29,204   $    29,886   $    30,547
  Closing balance                       $ 1,406,956    $ 1,441,711     $ 1,440,722   $ 1,491,453   $ 1,562,823   $ 1,600,451   $ 1,633,117   $ 1,666,117     $ 1,700,117   $ 1,735,674   $ 1,770,364   $ 1,805,739




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